Regulatory Change Management

Measure Your Program Outcomes

• **90% **reduction in compliance costs
•  **60% **faster response time to regulatory changes

Effectively Navigate Regulatory Change to Accelerate Business Performance

MetricStream’s Regulatory Change Management software simplifies the process of capturing curating, identifying, extracting, and managing regulatory changes. It provides a centralized framework to consolidate regulatory content sourced from multiple trusted providers, including both subscription and publicly available data sources. The Regulatory Change Management product enables customers to automate the identification, curation, and extraction of applicable regulatory changes and obligations. Mapping obligations to policies, risks, and controls allows organizations to streamline critical processes and save significant time and resources while processing an increasing volume of regulations and regulatory changes.

How Our Regulatory Change Management Software Helps You

Regulatory Change Monitoring

Effectively track regulatory updates from more than 750 legislative and regulatory authorities worldwide for a proactive approach to compliance. Curate and process only those regulations that apply to your business and its risk profile, segregate by jurisdiction, existing, updated, and upcoming regulations and regulatory enforcement.

Effective Regulatory Change Triaging

Define business rules to automatically filter, curate, and distribute regulatory change feeds as alerts to relevant internal stakeholders. Route alerts to a centralized triage team for initial assessment and enable mapping alerts to relevant processes, risks, controls, and business units. Classify all relevant alerts based on their attributes (e.g. circular, publication, news, or guideline), obligations, and requirements.

Efficient Regulatory Impact Analysis

Assess the impact of various regulatory changes on the organization through simple or advanced methodologies. Identify relevant updates and obligations within regulations that apply to your distinct regulatory compliance profile, conduct impact analyses of applicable regulatory changes, and ensure your organization is compliant, no matter the volume, complexity, and regulatory timelines.

Quicker Issue Identification and Tracking

Create and manage tasks related to regulatory developments and track anomalies. Assign tasks to the appropriate owners who can document response notes. Log any issues or findings. Leverage AI/ML to quickly identify alike regulations, policies, and controls to streamline integration, adaptation, and compliance.

Comprehensive Visibility into the Regulatory Landscape

Gain clear visibility into the regulatory landscape and enhance the organization’s ability to adapt to and align to applicable regulatory changes. Effectively monitor the regulatory change management process through dynamic dashboards and reports. Slice and dice data to identify critical risk patterns and trends.

Benefits

• Gain agility by identifying regulatory changes in real time and streamlining the regulatory change management process
• Build confidence with the stakeholders by creating a structured and standardized process to identify and track multiple complex regulatory changes
• Ensure comprehensive coverage of regulatory changes through the use of AI and automation to source, curate, review, identify, extract, and map applicable regulations to your distinct regulatory environment
• Deliver assurance to regulators and key stakeholders with evidence and reports from the first to fourth lines of the business